private equity
More orthopedic physicians sell out to private equity firms, raising alarms about costs and quality
Dr. Paul Jeffords and his colleagues at Atlanta-based Resurgens Orthopaedics were worried about their ability to survive financially, even though their independent orthopedic practice was the largest in Georgia, with nearly 100 physicians. They nervously watched other physician practices sell out entirely to large hospital systems and health insurers. They refused to consider doing that. […]
ER doctors call private equity staffing practices illegal, seek to ban them
A group of emergency physicians and consumer advocates in multiple states are pushing for stiffer enforcement of decades-old statutes that prohibit the ownership of medical practices by corporations not owned by licensed doctors. Thirty-three states plus the District of Columbia have rules on their books against the so-called corporate practice of medicine. But over the […]